Duolingo, Inc.

Duolingo, Inc.

DUOLยทNASDAQ

$107.40

+2.3%
TechnologySoftware - Application

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$5.00B
EPS9.0500
P/E Ratio11.87
Earnings Date08/05/2026
3Y+181.0%
5Y+542.0%
10Y+1366.0%
3Y-795.0%
5Y-2725.0%
10Y-3155.0%
3Y+623.0%
5Y+2090.0%
10Y+17922.0%
Duolingo, Inc.

Duolingo, Inc. Profit Bridge

DUOL ยท NASDAQ
Revenue1.04B
Cost of Goods Sold (288.13M)
Gross Profit749.46M
Operating Expenses (613.89M)
Operating Income135.57M
Interest Expense (0.00)
Other Income/Expense46.84M
Pretax Income182.41M
Income Tax (-231.66M)
Net Income414.06M
Net Income
414.06M

Profitability Analysis

Gross Margin

72.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

13.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

39.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

-127.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Duolingo, Inc. Income Statement

DUOL โ€ข NASDAQ

Duolingo, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
REVENUE
1B
748M
531.1M
369.5M
250.8M
161.7M
70.8M
GROSS PROFIT
(288.1M)
(203.6M)
(142.1M)
(99.4M)
(69.2M)
(46M)
(20.7M)
749.5M
544.4M
389M
270.1M
181.6M
115.7M
50M
OPERATING INCOME
(613.9M)
(481.8M)
(402.3M)
(335.3M)
(241.6M)
(131.7M)
(64.1M)
(307.6M)
(246.5M)
(207.9M)
(184.8M)
(137.8M)
(78.7M)
(31.4M)
(306.3M)
(235.3M)
(194.4M)
(150.4M)
(103.8M)
(53M)
(31.6M)
135.6M
62.6M
-13.3M
-65.2M
-60M
-16M
-14.1M
PRE-TAX INCOME
45.2M
42.7M
31.1M
7.2M
19K
231K
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.2M)
46.8M
39.7M
31M
6.6M
49K
303K
571K
182.4M
102.3M
17.8M
-58.6M
-60M
-15.7M
-13.6M
NET INCOME
-231.7M
(13.7M)
(1.7M)
(938K)
(177K)
(68K)
(0.0)
414.1M
88.6M
16.1M
-59.6M
-60.1M
-15.8M
-13.6M

SEC Filings

DUOL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 17, 2026
April 17, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

February 27, 2026
February 26, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 08, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
Showing 1 to 10 of 64 filings